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Speaking of RBOA. My ridiculous strategy of betting on everyone in the F1 race besides Norris, who was the heavy favourite, seemed to work well. I bet around 2200 sats total and I won 6k sats.
That's a little better than me. I put 800 on each of the three favorites and won over 5k.
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To be fair. That was an odds arbitrage in a way. It was kind of ridiculous that Norris had 45% of the bets to win. Some whale must have really been a Norris fan.
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I've intended to write something about the different bitcoin betting options out there and some of the different ways to use them properly.
Another way to use freebitcoin to generate positive expected returns is to wait until right before the event starts and put your money on whichever outcomes have the most favorably unbalanced odds. Then you can take the other side(s) at a traditional fixed odds sports book.
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I did pretty well on Ember yesterday. I had about 1500 sats in bets on various games and ended up with 1900.
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My NBA losses were pretty brutal (emotionally not financially). Cavs and Celtics was just a free throw contest for about 15 minutes, with Miami and the Raptors coming right down to the wire, followed by OKC and Houston also coming down to free throws.
It kind of reminds of losing all my Nitro money, because in hindsight I still think I made the right picks.
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Haha! We really achieve some exceptional heights in humour while we talk about our gains or losses in 100s.
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I'm no expert in betting. But if you share on which game which side I put the bets, I'll share half of the profit with you.
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